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<div class="WordSection1">
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif;mso-bidi-font-family:"Times New Roman"">My advice is to
<span class="GramE">get in contact with</span> a senior underwriter for the title company in that county that will be asked to insure the conveyance to the next owner. The title company underwriter is more senior than a title officer. An underwriter has the
authority to accept known <span class="GramE">risks, and</span> has the experience to guide you how to reduce the risks. The underwriter will seek evidence related to the persons and circumstances when the Trust was established to determine the powers of the
Trustee and the Beneficiaries of that Trust. The underwriter must evaluate and reduce the risks that there is a Trust that might be contrary to the proposed conveyance. So, the focus will be upon who could be Beneficiaries of that Trust and what are the powers
of the current Trustee, then obtain consents from all such persons that the conveyance and the distribution of proceeds is consistent with whatever claims such Beneficiaries might have. The
<span class="GramE">more clear</span> those facts appear, the less likely that there could be Beneficiaries that could challenge the conveyance.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif;mso-bidi-font-family:"Times New Roman""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif;mso-bidi-font-family:"Times New Roman"">If the creator of that Trust is living and the Trustee identified in that deed is living, it is more likely to persuade a title company to assume the
risks to a purchaser based upon affidavits, consents by Beneficiaries and indemnities to the title company. If the creator of that Trust is not living, and worse yet if the grantee Trustee is not living, then even consents and indemnities from all heirs will
leave a material risk there could be Beneficiaries that are not heirs, who could have claim to the property that could prevent a conveyance. If claims were limited to the proceeds, then a purchaser could be insured based upon indemnities from heirs or others.
But if claims could prevent conveyance, which would be binding upon a successor owner due to the recorded deed, then the title company will not be willing to assume that risk based upon indemnities.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif;mso-bidi-font-family:"Times New Roman""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif;mso-bidi-font-family:"Times New Roman"">If such evidence to reduce risks cannot be produced, in a worst case a legal action would be required with publication to unknown possible Beneficiaries
leading to a Decree establishing the terms of the trust binding upon all Beneficiaries brought within the jurisdiction of that Court. A “friendly” legal action could be started, then a TEDRA agreement with heirs might be possible, especially if there is low
likelihood about Beneficiaries who are not heirs who would need to be joined. <o:p>
</o:p></span></p>
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<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";color:#002060;mso-no-proof:yes"><o:p> </o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";color:#002060;mso-no-proof:yes">Dwight A. Bickel<o:p></o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";color:#002060;mso-no-proof:yes">Real Property Title Advisor<o:p></o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Segoe UI";color:#002060;mso-no-proof:yes">Washington Title Professional<o:p></o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Segoe UI";color:#002060;border:none windowtext 1.0pt;mso-border-alt:none windowtext 0in;padding:0in;mso-no-proof:yes"><a href="mailto:Dwight@DwightBickel.com"><span style="color:#002060">Dwight@DwightBickel.com</span></a></span><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Segoe UI";color:#002060;mso-no-proof:yes"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Segoe UI";color:#002060;mso-no-proof:yes">https:/dwightbickel.com<o:p></o:p></span></p>
<p class="MsoNormal" style="background:white;vertical-align:baseline"><span style="font-family:"Verdana",sans-serif;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Segoe UI";color:#002060;border:none windowtext 1.0pt;mso-border-alt:none windowtext 0in;padding:0in;mso-no-proof:yes">206-484-1976</span><span style="font-size:7.5pt;font-family:"Arial",sans-serif;color:#002060"><o:p></o:p></span></p>
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